118th Congress · SENATE BILLBILL

S. 4398 — Retirement Investment in Small Employers Act

“A bill to amend the Internal Revenue Code of 1986 to provide for a microemployer pension plan startup credit.”

Taxation

Introduced May 23, 2024

Last action May 23, 2024

Pipeline · Bill → Law

Step 1

Introduced

May 23, 2024

Step 2

Referred

May 23, 2024

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows an increased tax credit for small employer pension plan startup costs for certain qualified microemployers (eligible employers who accept certain matching contributions).

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

May 23, 2024

Introduced in Senate

May 23, 2024

Read twice and referred to the Committee on Finance.